Commodity Online, Mumbai

Stories by Commodity Online, Mumbai

Indian wine to be on a high, soon

Indian wine to be on a high, soon

Rediff.com   15 Mar 2007

In an effort to give a fillip to the ever-growing wine sector, the Central government has proposed to form a National Grape and Wine Board (NGWB) on the lines of other commodity boards like the Tea Board.

Indian pepper to cash in on Vietnam's woes

Indian pepper to cash in on Vietnam's woes

Rediff.com   15 Mar 2007

After El Nino and droughts hit pepper in Vietnam, causing a production drop of around 20%, Indian market is hoping that the global supply position will remain tight this year.

Ban futures in all food items: Left

Ban futures in all food items: Left

Rediff.com   15 Mar 2007

The Left parties have stepped up the demand for total ban on futures trading in agricultural commodities in India.

Sweet reforms soon for sugar sector

Sweet reforms soon for sugar sector

Rediff.com   15 Mar 2007

Soon, there will be sweet returns from the sugar fields if the Central government's plans bear fruits. The Centre is in the process of breaking away the Rs 20,000-crore (Rs 200 billion) sugar sector from the shackles of government control.

Kolkata, Hyderabad shine in diamond sales

Kolkata, Hyderabad shine in diamond sales

Rediff.com   14 Mar 2007

Diamonds are spreading its sparkle all over India. Proof for it is visible in Kolkata, which has already outshined the traditional markets of Mumbai, Delhi and Chennai in terms of growth in sale of diamond jewellery.

Do NBFCs fund hoarding?

Do NBFCs fund hoarding?

Rediff.com   13 Mar 2007

Do the non-banking finance companies have a role in hoarding and the resulting inflation?

Mumbai to outshine Antwerp in diamond trade?

Mumbai to outshine Antwerp in diamond trade?

Rediff.com   13 Mar 2007

If things go according to the plans of the Indian government, Belgium's Antwerp, the diamond destination of the world, may be robbed of its priced position by Mumbai soon.

Brokers beware, Indian hackers on the prowl

Brokers beware, Indian hackers on the prowl

Rediff.com   13 Mar 2007

In a landmark judgment, a federal jury in the US has indicted three Indians - two from Chennai and one settled in Malaysia - for hacking online accounts of brokerage firms and siphoning off millions of dollars.

NRIs may get to trade in commodities

NRIs may get to trade in commodities

Rediff.com   12 Mar 2007

In a landmark move, India may allow its expatriates to trade in commodities. The decision is aimed at expanding the country's $750-billion futures market.

Iron ore prices may fall

Iron ore prices may fall

Rediff.com   12 Mar 2007

Iron ore prices are expected to fall in next couple of months following the imposition of duties on exports.

Iron ore tax: Indian loss is Aussie gain

Iron ore tax: Indian loss is Aussie gain

Rediff.com   12 Mar 2007

Who will benefit from India's decision to impose a tax of Rs 300 a tonne on iron ore exports? If indications from markets in China are any hint, Australia is likely to cash in on India's decision to impose the fresh tax.

India-Pak 'tea diplomacy' in April

India-Pak 'tea diplomacy' in April

Rediff.com   6 Mar 2007

The visit to Pakistan will be mainly to position the India brand in that country.

After wheat and rice, maize futures may be banned

After wheat and rice, maize futures may be banned

Rediff.com   2 Mar 2007

The demand for ban on futures trading in more commodities is increasing day by day.

Coffee adds flavour to Indo-China ties

Coffee adds flavour to Indo-China ties

Rediff.com   23 Feb 2007

India and China are developing some thaw in coffee sector.

Can ban on futures curb inflation?

Can ban on futures curb inflation?

Rediff.com   23 Feb 2007

The government's hasty steps in what is described as measures to curb inflation have further fueled the traders' concern.

Commodities mart? Meet the lady boss

Commodities mart? Meet the lady boss

Rediff.com   23 Feb 2007

Meet Poonam Gupta, vice president, business development, the National Multi Commodity Exchange of India (NMCE), India's leading multi-commodity exchange.

FMC may get autonomy in Act amendment

FMC may get autonomy in Act amendment

Rediff.com   22 Feb 2007

In an effort to boost commodity trading in the country, the much-awaited amendments to the Forward Contract and Regulations Act of 1952 will happen during the Budget session of the Parliament.

Tata Tea to offload northern estates

Tata Tea to offload northern estates

Rediff.com   17 Feb 2007

Continuing with its move to position itself as a beverage marketing company, Tata Tea is set to divest 80 per cent in its North Indian Plantation Operations, which is being spun off to a handful of investors and workers.

Four suitors bid for 67% stake in Hutch

Four suitors bid for 67% stake in Hutch

Rediff.com   10 Feb 2007

The Ruias, Anil Dhirubhai Ambani group, Hindujas and Vodafone are all believed to have put in their bids.

Govt wants to cut Reliance SEZ size

Govt wants to cut Reliance SEZ size

Rediff.com   9 Feb 2007

The Centre has asked the Maharashtra government to reduce the size of the Reliance Industries-promoted Mahamumbai SEZ as it involves acquisition of over 10,000 hectares of land.